Who's Funding It?

Who's Funding It?

Project 2025 is funded by The Heritage Foundation, a very influential Conservative organization with a
$38 Million annual budget, even though it operates tax-free.

The Heritage Foundation is a tax-exempt organization operating under the nonprofit designation 501(c)3.

They have been tax-exempt since November 1973. EIN: 23-7327730


What does that mean?

They Don't Pay Taxes

501(c)(3) nonprofits don't pay federal income taxes because they are supposed to be dedicated to charitable, religious, educational, or scientific causes that benefit the public, allowing them to use their funds to further their mission rather than paying taxes.

Donations are Tax Deductible

Donations to 501(c)(3) nonprofits are tax deductible because the government wants to incentivize charitable giving and support organizations that provide public benefits, allowing donors to reduce their taxable income when they contribute to qualifying nonprofits.

Their Filings are Public

Tax-exempt organizations have to file yearly with the IRS using Form 990. Their filings are made public for several reasons including: transparency and accountability, oversight, informed decision-making, and public trust.

Since their filings are public, we can see how much money they make and spend, and how they spend it.

Project 2025 Assets
Project 2025 Assets
Project 2025 Assets

According to its December 2022 tax filing, the Heritage Foundation spent their money on a bunch of things including private jets and their own businesses.


Bought first-class airline seats and chartered private planes.

Bought first-class airline seats and chartered private planes.

Spent money on conflicts of interest, like giving money to family members or their own businesses.

Spent money on conflicts of interest, like giving money to family members or their own businesses.

They spent $93.7 million on expenses.
Lots of that went to paying themselves.

$6 million

$6 million

Executive Compensation

Executive Compensation

$30 million

$30 million

Salaries for Employees

Salaries for Employees

Where did their money come from?

$87 million

$87 million

Contributions from individuals and corporations, and grants.

Contributions from individuals and corporations, and grants.

$10 million

$10 million

Investments

Investments

$8 million

$8 million

Events, publications, and other services.

Events, publications, and other services.

$325,000

$325K

"Other" (we don't know where this came from)

"Other" (we don't know where this came from)